Cloud Computing | TechCrunch

GMI Cloud secures $82M in Series A for its GPU cloud infrastructure

Kate Park — Tue, 29 Oct 2024 13:00:00 +0000

The AI boom has spurred massive demand for graphics processing units (GPUs). As many enterprises seek to integrate AI technology into their systems, providers of GPU infrastructure are helping businesses get access to the chips they need. In the latest development, GMI Cloud, a San Jose-based startup that provides GPU cloud infrastructure, has raised an […]

Confluent acquires streaming data startup WarpStream

Frederic Lardinois — Mon, 09 Sep 2024 20:05:00 +0000

Confluent plans to use WarpStream's cloud-native solution to fill out its portfolio by offering a new service (Confluent WarpStream) that can sit in between its fully-managed Confluent Cloud and self-managed Confluent Platform.

AWS unveils Mithra to identify and mitigate malicious domains across its massive system

Ron Miller — Mon, 05 Aug 2024 13:00:00 +0000

When a company is the size of Amazon, a lot of bad actors will come after it and its customers, which makes defending the network a monster job. Over the years Amazon has developed a number of strategies, from machine learning and monitoring tools to good old-fashioned phone calling to identify and reduce risks to […]

CIOs’ concerns over generative AI echo those of the early days of cloud computing

Ron Miller — Sun, 07 Jul 2024 16:00:00 +0000

CIOs trying to govern generative AI have the same concerns they had about cloud computing 15 years ago, but they've learned some things along the way.

Dive goes cloud-native for its computational fluid dynamics simulation service

Frederic Lardinois — Wed, 05 Jun 2024 13:00:00 +0000

Spun out of Bosch, Dive wants to change how manufacturers use computer simulations by both using modern mathematical approaches and cloud computing.

Stacklet sees demand grow as companies take cloud cost control more seriously

Ron Miller — Tue, 04 Jun 2024 13:00:00 +0000

When Stacklet’s founders, Travis Stanfield and Kapil Thangavelu, came out of Capital One in 2020 to launch their startup, most companies weren’t all that concerned with constraining cloud costs. But in the ensuing years, as they experienced economic headwinds, first from the pandemic, and then rising interest rates, it became an imperative. As such, Stacklet’s […]

Firefly forges on after co-founder murdered by Hamas

Ingrid Lunden — Wed, 29 May 2024 16:56:48 +0000

A startup called Firefly that’s tackling the thorny and growing issue of cloud asset management with an “infrastructure as code” solution has raised $23 million in funding. That comes on the heels of strong demand for its tech and increasing revenue fourfold in 2023. The firm’s latest success also comes on the heels of tragedy, […]

Finout lands cash to grow its cloud spend management platform

Kyle Wiggers — Thu, 23 May 2024 12:00:00 +0000

In 2021, Roi Ravhon, Asaf Liveanu and Yizhar Gilboa came together to found Finout, an enterprise-focused toolset to help manage and optimize cloud costs. (We covered the company’s launch out of stealth in 2022.) Ravhon, Finout’s CEO and previously the director of engineering at observability platform Logz.io, says that he was spurred to start Finout […]

Sigma is building a suite of collaborative data analytics tools

Kyle Wiggers — Thu, 16 May 2024 12:35:00 +0000

Sigma Computing, a startup building a range of data analytics and business intelligence tools, has raised $200 million in a fresh VC round.

Alkira connects with $100M for a solution that connects your clouds

Ingrid Lunden — Wed, 15 May 2024 13:51:45 +0000

Alkira has raised $100M for its “network infrastructure as a service,” which lets users virtualize and orchestrate hybrid cloud assets, and manage them.

AWS confirms it will launch European ‘sovereign cloud’ in Germany by 2025, plans €7.8B investment over 15 years

Paul Sawers — Wed, 15 May 2024 06:17:20 +0000

AWS has confirmed its European "sovereign cloud" will go live by the end of 2025, enabling greater data residency for the region.

AWS CEO Adam Selipsky steps down

Kyle Wiggers — Tue, 14 May 2024 13:34:39 +0000

Adam Selipsky is stepping down from his role as CEO of Amazon Web Services, Amazon has confirmed to TechCrunch. In a memo shared internally by Amazon CEO Andy Jassy and published this morning to the company’s blog, Jassy said that AWS sales chief Matt Garman will be promoted to CEO. Garman previously headed AWS’ EC2 […]

CoreWeave, a $19B AI compute provider, opens European HQ in London with plans for 2 UK data centers

Paul Sawers — Fri, 10 May 2024 11:23:53 +0000

CoreWeave has formally opened an office in London that will serve as its European headquarters and home to two new data centers.

AI chip startup DEEPX secures $80M Series C at a $529M valuation

Kate Park — Thu, 09 May 2024 23:00:00 +0000

The Series C funding, which brings its total raise to around $95 million, will go toward mass production of the startup's inaugural products

CoreWeave’s $1.1B raise shows the market for alternative clouds is booming

Kyle Wiggers — Sun, 05 May 2024 13:30:51 +0000

The appetite for alternative clouds has never been bigger. Case in point: CoreWeave, the GPU infrastructure provider that began life as a cryptocurrency mining operation, this week raised $1.1 billion in new funding from investors including Coatue, Fidelity and Altimeter Capital. Reportedly valuing the startup at $19 billion post-money, the new financing brings CoreWeave’s total […]

Cloud revenue accelerates 21% to $76 billion for the latest earnings cycle

Ron Miller — Fri, 03 May 2024 17:11:58 +0000

The numbers are in, and the cloud infrastructure market grew at a brisk pace this quarter driven by increasing interest in generative AI.

It’s a sunny day for Google Cloud

Kyle Wiggers — Thu, 25 Apr 2024 20:56:55 +0000

Google Cloud had a blockbuster quarter, driving parent company Alphabet's revenues — and stock price — to impressive highs.

Playruo lets you try game demos from your web browser

Romain Dillet — Thu, 25 Apr 2024 08:00:00 +0000

It’s still unclear whether cloud gaming will ever become the next big thing. The appeal is clear: The game you’re playing runs in a data center near you, and the video output is directly streamed to your local device. When you interact with the game, everything is relayed back to the data center. When it […]

Snowflake releases a flagship generative AI model of its own

Kyle Wiggers — Wed, 24 Apr 2024 13:00:17 +0000

All-around, highly generalizable generative AI models were the name of the game once, and they arguably still are. But increasingly, as cloud vendors large and small join the generative AI fray, we’re seeing a new crop of models focused on the deepest-pocketed potential customers: the enterprise. Case in point: Snowflake, the cloud computing company, today […]

Amazon wants to host companies’ custom generative AI models

Kyle Wiggers — Tue, 23 Apr 2024 12:00:12 +0000

AWS, Amazon’s cloud computing business, wants to become the go-to place companies host and fine-tune their custom generative AI models. Today, AWS announced the launch of Custom Model Import (in preview), a new feature in Bedrock, AWS’ enterprise-focused suite of generative AI services. The feature lets organizations import and access their in-house generative AI models […]